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Swiss Cheeses, Inc. has paid annual dividends of $ 1 . 0 0 , $ 1 . 0 4 , $ 1 . 0 9

Swiss Cheeses, Inc. has paid annual dividends of $1.00, $1.04, $1.09, and $1.15 per share over the last four years, respectively. The stock is currently selling for $42 a share. What is this firm's cost of equity?
Group of answer choices
7.64%
7.87%
7.45%
7.38%

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